New bond issue: ICBC Singapore issued international bonds for USD 550.0m maturing in 2020 with a 3M LIBOR USD + 0.77% coupon.

April 20, 2017 - Cbonds

 

ICBC Singapore issued international bonds for USD 550.0m maturing in 2020 with a 3M LIBOR USD + 0.77% coupon. Bonds were sold at a price of 100%. Bookrunner: Agricultural Bank of China, Bank of Communications, Bank of America Merrill Lynch, BNP Paribas, CCB International, DBS Bank, HSBC, ICBC, Mizuho Financial Group, OCBC, Standard Chartered Bank
Depository: Clearstream Banking S.A., Euroclear Bank.
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Issuer, issue numberICBC Singapore, FRN 24apr2020, USD
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 200,000
Amount550,000,000
ISINXS1602480094
End of placement04/19/2017
Initial issue price100
Coupon3M LIBOR USD + 0.77%
Coupon frequency4 time(s) per year
Settlement date04/24/2017
Maturity date04/24/2020
Issue ManagersBookrunner: Agricultural Bank of China, Bank of Communications, Bank of America Merrill Lynch, BNP Paribas, CCB International, DBS Bank, HSBC, ICBC, Mizuho Financial Group, OCBC, Standard Chartered Bank Depository: Clearstream Banking S.A., Euroclear Bank
Trading floorSGX
Issuer: ICBC Singapore
Issuer profile:
ICBC Singapore Branch operates as a subsidiary of Industrial and Commercial Bank of China.
Outstanding issues:
5 issuesUSD3,600,000,000
2 issuesCNY1,850,000,000